Savannah morning news. [volume] (Savannah) 1868-1887, 1887-01-11
The SurrIluS Problem,

1t Is not probable that anything viii be
done by the present Congress to reduce
the revenues. Indeed, 1t is doubtful if
the next Congress will grant the relief
from the evils of rapidly increasing sur
plus unGll the cry of distress ia heard.
! This cIytcannOt be delayed very long. IN
shoft tine all the per cents. will
be paiL and then the currency VIII be
contracted at the rate OF Sl25,000.000 a
year. II doesn't require a tnancler TO
determine how long H. will then be before
business interests aud enterprises Of all
kinds w II begin to suffer serious injury
from the scarcity of money.
Congress is aware OF the danger OF de-
lay in graphing W th the surplus ques-
ton, but the danger will have to be much
nearer than it is before it will be possible
to so far harmonic differences OF opinion
respecting the best method tor getting rid
of the surplus as to make legislation
possible.
Ali agree, OF course, that the only salts
factory way TO deal with the surplus
problem is to reduce the revenues. The
Democratic party, with the exception of
the small faction led by Mr.. Randall, in
sisis upon lifting. al least, portion OF
the tax from the necsssaries and luxu-ies
of life. The Republican party, with the
assistance OF Mr.. Randalls following,
blocks the way or the Democrats, and
tells them that nothing shall be done that
is not approved by the great monopolies
which have been built up by protection.
This is the situation, and it is likely to
continue to be the situation until the
cries OF distress from all over the cOun-
try, occasIoned by the contraction of the
currency, forge the Republicans and Mr.,
RandalPs following TO stand aside aud
permit such legislation as the common
sense OF the country dictates.
In the meantime the Republicans and
Democratic prot ctionists viii introduce
bills for the reduction of the revenue.
with the hope OF d9luding The country
with the belief that they are striving
avert the evils which are sure to flow
from contraction Of the currency, and
that they are hindered by the Democratic
party. The people are too well Informed.
however, to mistake their enemies for
their friends. They know who are pre-
venting the legislation that is needed to
give the country relief ana will hold them
reSponslble-
Representative Hiscock, one OF the Re-
publican leaders, introduced into the
House on Saturday a revenue bill that
hasn't near as much chance OF passing as
ne has of being elected 5 nator from New
York. II cuts down the SUGAR duty and
provides bounty TOR SUGAR planters. 1t
also makes a considerable reduction in
the whisky and tobacco tax IS. 1t is re
markatle that The Republicans are 81 per-
sistent in their eff"r 20 make WHISKY.
and Tobacco tras while tie eE,Ial' tural
'.p' stnent5 Jus taraag, O.. .oois " ihe
mechanic and taa c.y,u.l- alta.arke's
ar rne poor afy ,as.. I.... 80 30 $50
cent, Ghc Republican uar,y
a""sy,r, IS ,ae ar- .a. r1 q, tej d.
'e q. us exp cJ.t. therefore. rs.t 20 VIZ
sHati sle iatera.tss. AcriCA falher JIaa
le 'ss Of tee povr -t tee uoe w1en
smstal0r vtI nav. We zone is near al
l3ut. aud NJ w.. tuen be seen whether
t1a &opuOIicans and Mr.. RaudalPs fol.
lowers will have the 'urage to resist the
just demands OF the masses.